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Old 10-24-2013, 09:07 AM  
WhawhaWhat WhawhaWhat is offline
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McDonald's helps workers get food stamps.

McDonald's helps workers get food stamps

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Nancy Salgado, who has worked at a Chicago McDonald's for 10 years and makes $8.25 an hour, asked the McResource representative a number of questions related to getting assistance to pay for her heating bill, her groceries and her sister's medical expenses. Salgado told the representative that she was recording the call for her sister.

The helpline operator never asked Salgado how much she made per hour, and how many hours per week she worked beyond the fact that she was a full-time employee. But she said that Salgado "definitely should be able to qualify for both food stamps and heating assistance."

The representative then pointed her toward a number of resources in Chicago, such as food pantries and a program that would help cover some of her heating bill. She said she would email her specific phone numbers and programs.

The operator also explained that the McResource line is available to help McDonald's workers who need help navigating the process of getting public assistance. The helpline's phone number is posted in fliers at many McDonald's locations.
Nice of McDonalds to help get its employees on the gov't teet.

Last edited by WhawhaWhat; 10-24-2013 at 11:48 AM..
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Old 12-08-2013, 07:02 PM   #976
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Old 12-08-2013, 07:02 PM   #977
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Originally Posted by BucEyedPea View Post
Look, if I don't want to engage someone further...that is my choice. He wants a long dragged out hours on end debate. I've already seen enough of his repeated nonsense, rinse and repeat circular arguments using dubious and misunderstood terms.His argument is based on the idea that people should live comfortably as a minimum amount which is not economics but a moral argument. He then relies on the fallacy that min wage is a price floor when it is not. Therefore, it's a waste of my time if you don't mind. His proof is based on framing the argument his way which sets him up to be right. I know that game. I saw it at the beginning when he himself ignored my points. Or he calls the source a hack. Quit being a bully at the level of thought--it's unlike you. Now shut the **** up!



delusional bitch is delusional.
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Old 12-08-2013, 07:04 PM   #978
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delusional bitch is delusional.
ya my post had no point
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Old 12-08-2013, 07:10 PM   #979
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Originally Posted by BucEyedPea View Post
Khan makes a good demonstration of minimum wages distorting the market.



This is hilarious. You realize that the presentation is a gross oversimplification and it only holds up with "ceteris paribus" right?
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Old 12-08-2013, 07:37 PM   #980
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Yes I know. If'n you watched it, the speaker even says that. Plus read the comment underneath by the speaker.
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Old 12-09-2013, 07:12 AM   #981
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Originally Posted by BucEyedPea View Post
Because your underlying fundamentals are what I disagree with. You can post all the sources you want, even charts and graphs, but it's your fundamentals.

Since you can't read...you don't get it.
I know, evidence and data don't matter.

Only what you believe matters.
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Old 12-09-2013, 07:13 AM   #982
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Originally Posted by Race Card native View Post


This is hilarious. You realize that the presentation is a gross oversimplification and it only holds up with "ceteris paribus" right?
All their arguments against the minimum wage are gross simplifications.
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Old 12-20-2013, 06:21 AM   #983
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New Study on The Minimum wage

December 19, 2013

http://www.epi.org/publication/raisi...o-1010/#_note1

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Key findings include:

Raising the federal minimum wage to $10.10 by 2016 would return the federal minimum wage to roughly the same inflation-adjusted value it had in the late 1960s.

An increase to $10.10 would either directly or indirectly raise the wages of 27.8 million workers, who would receive about $35 billion in additional wages over the phase-in period.

Across the phase-in period of the increase, GDP would grow by about $22 billion, resulting in the creation of roughly 85,000 net new jobs over that period.

The workers who would receive a raise do not fit the stereotypes of low-wage workers:
Among affected workers, the average age is 35 years old, nearly 88 percent are at least 20 years old, and more than a third (34.5 percent) are at least 40 years old.

Of affected workers, about 54 percent work full time, about 69 percent come from families with family incomes less than $60,000, and more than a quarter have children.

The average affected worker earns half of his or her family’s total income.
Real value of the federal minimum wage, 1968–2013 and 2013–2016 under proposed increase to $10.10 by 2016, compared with its value had it grown at the rate of productivity or average worker wages (2013 dollars)



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Raising the minimum wage to spur economic growth

As explained in our original analysis of the Harkin-Miller proposal (Cooper and Hall 2013), raising the minimum wage would provide immediate benefits not only to affected workers (whose incomes would rise), but to the broader economy as well. Research over the past two decades has shown that, despite skeptics’ claims, modest increases in the minimum wage have little to no negative impact on jobs2 (Schmitt 2013). In fact, under current labor market conditions, where tepid consumer demand is a major factor holding businesses back from expanding their payrolls, raising the minimum wage can provide a catalyst for new hiring.

Economists generally agree that low-wage workers are more likely than any other income group to spend any additional earnings they receive, largely because they must in order to meet their basic needs. Higher-income individuals, corporations, and beneficiaries of corporate profits are more likely to save at least a portion of any additional income. Thus, in a period of depressed consumer demand, raising the minimum wage can provide a modest boost to overall economic activity because it shifts income to workers who are very likely to spend it immediately. Indeed, recent research from the Federal Reserve Bank of Chicago finds that raising the federal minimum wage to $10 could increase U.S. GDP by up to 0.3 percentage points in the near term3 (Aaronson and French 2013).

Our research shows that raising the federal minimum wage to $10.10 by 2016 would provide an additional $35 billion in wages over the phase-in period to directly and indirectly affected workers, who are likely to then spend that additional income. This projected rise in consumer spending would provide a modest boost to U.S. GDP, even after accounting for the increased labor cost to businesses and the potential for small price increases for consumers. Using standard fiscal multipliers, we would expect that increasing the federal minimum wage from $7.25 to $10.10 would generate a net increase in economic activity of $22.1 billion over the phase-in period. This additional GDP would support roughly 85,000 new jobs.4 As shown in Appendix Table 1, increasing the federal minimum wage would generate jobs in every state. (As noted previously, detailed state-level demographic information on each state’s affected workers is available at http://www.epi.org/files/2013/minimu...ate-tables.pdf.) Appendix Table 2 details the economic effects of each of the three incremental increases.
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Old 12-20-2013, 09:48 AM   #984
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Right, but you've been saying it should be $15.
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Old 12-20-2013, 10:00 AM   #985
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Right, but you've been saying it should be $15.
Always start high in a negotiation.
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Old 12-20-2013, 04:27 PM   #986
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Right, but you've been saying it should be $15.
More Deep thoughts from Blaise

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Old 12-21-2013, 12:49 PM   #987
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Um, you have. Don't hide from it.
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